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THE WHAT? The Estee Lauder Companies hailed its first quarter results for fiscal 2022 as ‘outstanding’ as it reported a net sales rise of 23 percent for the three months to September 30, 2021. THE DETAILS The US prestige beauty firm said that net sales grew in every region and product category as bricks and …

THE WHAT? AmorePacific Corp has reported its results for the third quarter of the current financial year, according to a report published by The Korea Herald. The K-beauty behemoth saw net profit hit KRW38.5 billion in the three months to September 30, 2021, a considerable improvement on the KRW7 billion reported the same time last …

THE WHAT? Dr Kimon Angelides has announced the launch of a new venture, FemTec Health, which is described as a women’s health sciences and beauty company using technology and data to transform the health care experience for women. THE DETAILS The company boasts some 10 million members already thanks to acquisitions of the likes of …

THE WHAT? Procter & Gamble has filed documents with the US Securities and Exchange Commission detailing funding of €1.1 billion raised via bonds in Euro and Japanese Yen, according to a report published by the Cincinnati Business Courier. THE DETAILS One tranche of €500 million is due in 2030 with interest set at 0.35 percent …

THE WHAT? Beiersdorf has reported its results for the third quarter and first nine months of financial 2021. The German manufacturer of Nivea saw ‘strong sales improvement’ with sales growth of 12 percent to €5.8 billion exceeding the pre-COVID levels of 2019. THE DETAILS The consumer business segment recorded organic sales growth of 10.4 percent …